FMOC announcement tomorrowSOL / USDC PERPETUAL CONTRACTCOINBASE:SOLUSDC.PLAMBOBSolana price action! We're in a strong ascending channel. Over the past 2 days it's retracted to the midway point of the channel basically in a holding pattern awaiting tomorrow's FOMC interest rate announcement. If there's no rate cut I expect the price to fall to the bottom of the blue channel, but if a rate cut is announce (like almost all analyst expect), we'll likely see a breakout upwards towards $300 maybe by the end of the day tomorrow and further gains into the weekend. I personally plan to have a long position already open in anticipation of the rate cut which is heavily favored. If no cut is announced I have my stop loss in place to limit losses. 👊